Cryptocurrency Q&A
Why is Nexo banned in US?
Why is Nexo banned in US?
CryptoProphet
Sat Mar 22 2025
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5
answers
913
I heard that Nexo is banned in the US, but I don't understand why. Could someone explain the reason behind this ban? I'm curious to know the legal and regulatory issues that led to this decision.
5 answers
MysticStar
Mon Mar 24 2025
Gensler emphasized that Nexo bypassed essential disclosure requirements aimed at protecting investors.
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ZenHarmonious
Mon Mar 24 2025
According to Gensler, compliance with public policies is not optional but a necessary obligation.
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Lucia
Mon Mar 24 2025
The SEC chair's statement underscores the importance of adhering to regulatory frameworks in the crypto space.
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Martino
Mon Mar 24 2025
SEC Chair Gary Gensler has accused Nexo of failing to register its retail crypto lending product.
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Luca
Mon Mar 24 2025
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.
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